O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by OLD National Bancorp IN

OLD National Bancorp IN grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 234 shares of the specialty retailer’s stock after purchasing an additional 26 shares during the period. OLD National Bancorp IN’s holdings in O’Reilly Automotive were worth $277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in ORLY. Clearbridge Investments LLC raised its holdings in shares of O’Reilly Automotive by 110.7% during the 2nd quarter. Clearbridge Investments LLC now owns 948 shares of the specialty retailer’s stock worth $1,001,000 after acquiring an additional 498 shares during the period. Czech National Bank raised its stake in O’Reilly Automotive by 5.3% during the third quarter. Czech National Bank now owns 11,816 shares of the specialty retailer’s stock worth $13,607,000 after purchasing an additional 593 shares during the period. Quent Capital LLC boosted its holdings in O’Reilly Automotive by 26.1% in the 3rd quarter. Quent Capital LLC now owns 348 shares of the specialty retailer’s stock valued at $401,000 after purchasing an additional 72 shares during the last quarter. Handelsbanken Fonder AB grew its stake in shares of O’Reilly Automotive by 2.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock valued at $34,507,000 after buying an additional 727 shares during the period. Finally, GAMMA Investing LLC increased its holdings in shares of O’Reilly Automotive by 35.0% during the 3rd quarter. GAMMA Investing LLC now owns 849 shares of the specialty retailer’s stock worth $978,000 after buying an additional 220 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Down 1.2 %

Shares of O’Reilly Automotive stock opened at $1,294.42 on Monday. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,311.78. The company has a market capitalization of $74.73 billion, a P/E ratio of 32.02, a P/E/G ratio of 2.39 and a beta of 0.94. The company has a 50 day moving average of $1,233.49 and a 200 day moving average of $1,178.34.

Insider Buying and Selling

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares in the company, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the transaction, the director now owns 700 shares in the company, valued at $856,849. This represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on ORLY shares. Barclays increased their price objective on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 9th. JPMorgan Chase & Co. raised their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. BMO Capital Markets assumed coverage on shares of O’Reilly Automotive in a research report on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 target price on the stock. Royal Bank of Canada lifted their price target on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Finally, Roth Mkm reissued a “buy” rating and issued a $1,337.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Two analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus target price of $1,301.82.

About O’Reilly Automotive

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.